A new day, a new land deal for TRI Pointe

TRI Pointe pulls the trigger on a 76-lot acquisition in frothy Silicon Valley

Per a press statement this morning from TRI Pointe Homes, “it has acquired 76 lots in the new-urban masterplanned community of Bay Meadows in San Mateo, Calif. The lots, TRI Pointe’s second acquisition within the masterplan, will feature 76 townhomes ranging from 1,200 to 2,100 square feet priced in the high $900,000s. Named Canterbury, the new neighborhood is slated to open in the first half of 2014.”

It’s where the jobs are, and it’s also where there’s people who are starting to feel afraid not to buy now.

About the Author

John McManus

John McManus is an award-winning editorial and digital content director for the Residential Group at Hanley Wood in Washington, DC. In addition to the Builder digital, print, and in-person editorial and programming portfolio, his accountability for the group includes strategic content direction for Affordable Housing Finance, Aquatics International, Big Builder, Custom Home, the Journal of Light Construction, Multifamily Executive, Pool & Spa News, Professional Deck Builder, ProSales, Remodeling, Replacement Contractor, and Tools of the Trade.

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